Easy Step to Register for VAT in UAE
If you are doing business in the UAE, you may need to register for VAT. VAT is a value-added tax levied on the sale of goods and services in the UAE. Businesses must register for VAT if their annual taxable supplies and imports exceed AED 375,000.
How to register for VAT?
Businesses
can begin registering for VAT on October 1st, 2017 by logging into the Federal
Tax Authority's online VAT registration portal (FTA). There are a few easy
steps businesses can take to register for VAT in the UAE:
1. Log into the VAT registration portal
by visiting the Federal Tax Authority website.
2. You will receive an email after
creating your account asking you to confirm the information and activate it.
Using your login credentials, you may now access the portal.
3. After logging in, go to the VAT
registration form and enter the required information to finish the
registration.
4. Provide supporting documentation,
such as
● Passport copy
● Emirates ID
● Trade license
● Any other official documents
allowing your business to conduct trade within the UAE.
Provide the following details about your business:
● Description of the business.
● Turnover figures for the
previous 12 months.
● Projected turnover figures
for the future.
● Expected values of imports
and exports.
5. Click Submit after finishing the
application. Your application will be processed by the FTA, and they will reply
with an email confirming your Tax Registration Number (TRN).
If you
are looking for VAT registration in UAE, Contact BSD PRIME ACCOUNT &
BOOKKEEPING SERVICES. We are a professional VAT Consultant that offers Tax
consultancy services, Accounting Services, Bookkeeping services, and VATconsultancy services in Dubai, UAE. Get your VAT registration and other
compliance completed as quickly and thoroughly as possible with expert
guidance. Feel free to contact us or call us at 0559716033.
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